The 90-year-old New York-based beauty company, whose brands include namesake Revlon, Elizabeth Arden and Almay, has been struggling with a hefty pile of debt listed as $3.7 billion that it spent much of 2020 renegotiating, which enabled it to avoid a more formal restructuring process then. But supply chain issues, soaring inflation and increased competition from the likes of The Estée Lauder Cos. and Coty Inc. and a plethora of digital start-ups have only exacerbated the situation, and these factors combined with loans coming up for renewal forced it to once again consider bankruptcy.

Today’s filing will allow Revlon to offer our consumers the iconic products we have delivered for decades, while providing a clearer path for our future growth.

In the filing, Revlon stated that it is receiving a $575 million in debtor-in-possession financing from its existing lender base, which in addition to the existing working capital facility, will provide liquidity to support day-to-day operations.

While visiting Zurich airport to scout locations for a Vetements photo shoot, Guram Gvasalia spotted a building under construction with rows of white, industrial beams slanting over a triangular void.

The label combines elements from the designer’s dual Indian-Nigerian heritage and London roots. It explores the potential of vintage and surplus clothing by giving existing material a new life through various textile and patchwork techniques. This means that many Ahluwalia pieces are one of a kind.

Inspired by art, music and literature, much of the work created by Ahluwalia go beyond her collections and include collaborative campaigns, books and films.

Ahluwalia is deemed as a pioneer in the fashion industry and is regularly featured in press from all over the world, from the New York Times and i-D to Vogue and many more.

Ahluwalia is available in renowned stores worldwide, including Matches Fashion, Browns, Bergdorf Goodman, Ssense and Nordstrom.

Christie’s is set to auction de Givenchy’s estate in Paris next week, highlighting the eye of the designer and ambassador for French taste as Givenchy celebrates its 70th anniversary.

After Elon Musk, Internet users can now follow the journeys of the personal plane of the prince of luxury. For several days, a website highlights the extremely polluting, and sometimes even useless, travels of the Lord, president of “Mouette and Psy”.

Indeed, the account reveals impressive CO2 emissions. Last month the private jet spent 176 tons of CO2, it means 17 years of consumption for an average French person. The CEO of the group owns a private jet “Bombardier Global Express” at an estimated value of 48M€, without options. Combining performance and comfort, this business jet is considered as one of the most efficient private jets in the world. It has a range of 13,000 km, allowing it to fly internationally to its 54-square kilometer island paradise in Bahamas.

The only hamburger that the lord loves was Karl Lagerfeld. As of the end of the month, Martin Brok, who was appointed CEO and president in September 2020, will depart from the company. LVMH Moet Hennessy Louis Vuitton’s chairman and CEO, Chris de Lapuente, who also oversees the group’s Perfumes and Cosmetics activities, will serve as president and chief executive officer of Sephora.

I have no comment, but according to an internal release obtained Brok’s departure is “due to a divergence of views.” Would the relationship with the lord be difficult?

Brok prior to that he was at Nike for eight years, where he oversaw the company’s direct to consumer business and was vice president of global product and merchandising operations and analytics.

His departure comes at a critical moment for Sephora, the only prestige beauty retailer with a global presence. Employment, how do you explain the labor shortage that threatens several sectors?

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British designer Steven Stokey-Daley, 25, has captured hearts and minds with his theatrical shows at London Fashion Week that view the British class system through a queer lens, gaining high-profile fans including Harry Styles, who wore his graduate collection in his “Golden” music video.

Oscar-winning actress Cate Blanchett revealed the winner at the Louis Vuitton Foundation in the presence of jury members including Kim Jones; Maria Grazia Chiuri; Nigo, the new artistic director of Kenzo; Silvia Venturini Fendi; Stella McCartney; Nicolas Ghesquière; Jonathan Anderson, and Delphine Arnault, the force behind the prize and a key talent scout at luxury giant LVMH Moët Hennessy Louis Vuitton.

The Nigerian-born, London-raised designer Idris Balogun impressed the judges with his menswear brand Winnie, rooted in his experience as an apprentice on London’s exclusive Savile Row, and as a senior menswear designer for Burberry and Tom Ford.

The jury was moved by the mettle of a group of designers emerging in the midst of a global pandemic.

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Vuitton announced Tuesday that it would stage a spin-off show in Thailand’s capital on June 1 at 7:30 p.m. local time. It is to be livestreamed on the brand’s website. In the original fall 2022 collection, nine never-before-seen pieces explore three ideas: the coming-of-age theme, the global perspective and the circle of creativity  through circular motifs.

The retailer grew by double digits in the first five months of the year as strong sales in other parts of the world compensated for the closure of stores in Russia and China.

Chanel earns less than 1.5 percent of its revenue from Russia. There are 31 percent Chanel employees still under lockdown in mainland China. Five of its 16 boutiques there have closed, and 35 fragrance and beauty stores, roughly equivalent to a third of its network, have also been shuttered.

We’ve maintained our momentum despite the headwinds and uncertainties we face. Chanel outperformed competitors such as Kering, which reported an organic sales increase of 13 percent compared to 2019. Profitability at Chanel, which is privately owned and run by the Wertheimer family, improved significantly. A margin of 34.9 percent was logged, up from 20.3 percent in 2020.

Chanel announced in March that it was increasing the price of its four core handbag styles and spring rtw collection in multiple regions. Since the start of the Coronavirus pandemic, Chanel has raised its prices six times, including an adjustment last November.

Burberry as reporte record revenue and higher-than-expected profits in fiscal 2021-22 despite the lockdowns in China, war in Ukraine and rocketing inflation in the U.K., its home market.

Although Burberry’s new chief executive officer Jonathan Akeroyd didn’t reveal much about his strategy, it’s clear the future will be about gaining traction in the luxury market, focusing on the full-price business and wooing younger customers with fresh ideas and further strides in the environmental and social space.

It was the first time in two years that the company staged a live presentation at its London headquarters, and Akeroyd and Brown were in a bullish mood, optimistic about the future and the prospect that China will rebound mightily once local lockdowns lift.

It was a stunning show staged by Alessandro Michele and his team Monday night, with old maps of constellations and shooting stars lighting up the 13th-century Castel del Monte in Italy. There were cascades of sequins embroidered on a few medieval gowns and on cool baggy denim jeans as the moon shone over the Apulian castle perched on a hill.

The hot Maneskin band attending the show and performing at the after-party might appreciate his all-leather trenchcoat and thigh-high boots, and the sequined tailored pantsuit could appeal to Elle Fanning or Dakota Johnson who were also at the event.

Gucci a brand that reported 2021 sales of 9.73 billion euros and while he realizes fashion reflects life and Gucci speaks to a global customer. Although the harlequin motif was a bit of a stretch, the medieval references ran from the multicolor graphic patterns to the collars with Elizabethan necklines.

A blue velvet embroidered gown was a stunner, but there were also prim ladylike suits and coats with mock-fur details. He also played up optical black and white patterns in body hugging dresses. But Michele’s Gucci woman is no wallflower and there were a few nude looks and flimsy chiffon minidresses.